Managers of Wealth Africa

Citizens Pensions targets Nigeria’s underserved informal sector

Da-Souza emphasised the company’s mission to empower individuals and institutions to achieve their long-term financial goals.

African Development Bank and Mastercard expand MADE Alliance: Africa with Launch of Kenya Country Chapter

This digital credential system connects farmers with buyers, input suppliers, and financial institutions, enhancing their access to essential agricultural services.

Ecobank, AFC, Soto Gallery promotes emerging artists with +234Arts exhibition

We are bringing the financial activities, financial guardians, corporate governance for them, to ensure that they become celebrated.

South Africa’s economic growth could triple this year

South Africa’s economy has grown by less than 1% on average for the last decade, handicapped by mismanagement and corruption at state-run entities that snarled vital infrastructure and caused frequent power cuts.

Equity market rebounds with N369bn gain

The total market capitalisation stood at N66.2tn, reflecting renewed investor confidence in the equity market.

Afreximbank Acts as Joint Global Coordinator on BADEA’s second EUR 750mn Senior Eurobond due 2028

The bond proceeds will fund general corporate purposes including loan book growth in Sub-Saharan Africa under BADEA’s 9th Strategic Plan 2025-2029.

African Development Bank Group to expand investment in Lesotho to $331 million

His Majesty expressed delight at the Bank President’s visit

NGX Group, CBN, Others Collaborate to Equip Students with Financial Literacy

This initiative underscores a shared commitment to fostering financial inclusion and equipping young Nigerians with the knowledge required for long-term financial well-being.

View from the top with Goldman Sachs’ Hilary Lopez

Head of the EMEA third-party wealth business says her mission upon joining the company was to become one of the leading players in the region

A further drop in Nigeria’s inflation rate

The lower reading follows what appears to be a sharp drop in January’s inflation from 34.80% y/y in December 2024

R47 billion disaster for South Africa looms

Those funds would have unlocked a further $2.1 billion from multilateral development banks and other sources of financing.

A m/m drop in capital imported in Nov ’24

In terms of composition, portfolio investments remained the largest contributor

R4.5 billion two-pot retirement surge in South Africa

The company’s investment return more than doubled to R595 million.

African Development Bank mulls $500 million facility to mobilize financing for smallholder farmers

On Tuesday, a panel of leading global and African financial experts also issued a resounding call to align financial structures

TAJBank To Issue N20bn Mudarabah Sukuk on NGX

The issuance is part of its N100 billion Sukuk programme.

South African banks deliver mixed verdict on budget

While banks will be happy with no capital gains increase, the freezing of tax thresholds could sap credit demand.

African Development Bank Vice President visits Angola to strengthen investment

With Vice president Quaynor, Guilherme discussed cooperation to develop financing mechanisms to boost investments by Angolan and foreign private entrepreneurs.

Kenya’s President Ruto awards African Development Bank’s Adesina highest national honour

“This will be a stand-alone financial institution, that will be 100 percent dedicated to providing technical assistance, debt and equity financing for youth businesses in Kenya.”

Transcorp Group Rides on Operational Efficiency, Agility to 188% Profit Growth

With an expanded asset base of N751.6 billion, up 42 per cent from 2023, and shareholders’ funds growing by 45 per cent to N271.7 billion, the company has strengthened its financial foundations for future expansion.

South African steel giant wants R3 billion bailout to avoid jobs bloodbath

Rescue talks with the government have failed to yield results and the operating environment has deteriorated amid high power and transportation costs and cheaper imports.

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